Rochester, NY, February 27, 2023— Calero, a global leader in the high-growth Technology Expense Management (TEM) software space, announced today that it has appointed Andres Aguirre, VP of Product Management, and Claire McAuliffe, Director of Marketing, to the Executive Leadership Team, expanding the range of expertise and ability to execute the company vision with excellence.
In January, Calero unveiled a rebrand with two primary facets – a new logo and refreshed identity, and the reintroduction of their market leading expense management software as Calero.com. The success of the launch, coupled with other significant marketing activities, have driven the decision to expand the reach of the Marketing Department outside of sales, bringing a heightened level of strategy and sophistication to corporate communications.
“As a successful serial entrepreneur, Andres brings a wealth of experience in understanding the market, creating new solutions and accelerating customer adoption. His strategic agility is already shaping a new way of working across teams, breaking silos, and driving speed to market with software features that consumers are clamoring for and that maximize ROI.”
– Gilbert
These leadership promotions diversify and strengthen the executive team as Calero continues to forge the path of innovation in the expense management software space, leading the market with unmatched capabilities across features, automation and user experience in the Calero.com platform.
Calero has much more in store for 2023. Stay tuned.
About Calero
Calero is the leading Technology Expense Management provider, managing over $25 billion in spend worldwide for thousands of organizations in 102 countries. With a deep commitment to innovation and customer success, Calero partners with organizations to provide a modernized, centralized technology expense management solution that supports Telecom Expense Management, Managed Mobility Services, and SaaS Subscription Management. Calero is the industry leader in initiatives that solve pervasive market problems and continues to be recognized by industry analysts for award-winning achievements. The company is committed to serving customers with innovative solutions that provide visibility, control, and optimization of their entire technology ecosystem.
About Oak Hill Capital
Oak Hill Capital is a private equity firm managing funds with over $16 billion of initial capital commitments and co-investments since inception. Over the past 35 years, Oak Hill Capital and its predecessors have invested in approximately 100 private equity transactions across broad segments of the U.S. and global economies. Oak Hill Capital applies an industry-focused, theme-based approach to investing in the following sectors: Services, Industrials, Media & Communications, and Consumer. Oak Hill works actively in partnership with management to implement strategic and operational initiatives to create franchise value. For more information, please visit: www.oakhill.com.
About Riverside Partners
Founded in 1989, Riverside Partners is a Boston-based middle market private equity firm currently investing Riverside Fund VI, L.P. The fund focuses on growth-oriented companies in the healthcare and technology industries. Riverside Partners is particularly experienced at partnering with founders, owners and management teams and it brings substantial domain expertise and operating experience to its portfolio companies. For more information, visit www.riversidepartners.com.